Mark Sauter

Mark Sauter's insights on the financial, policy and security elements of cyber insurance are based on years of experience in the investment banking, media and business worlds. Co-author of the McGraw Hill university textbook "Homeland Security: a Complete Guide," Sauter was also a consultant to one of the world's largest software companies and served as a US Army Special Forces and infantry officer.

Cyber Insurance Market Size: Now and in Future

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Cyber Insurance Market Size

New Estimates of Cyber Insurance Market Size – We like to keep up to date on analysis of the size and growth of the cyber insurance market. Days ago Gallagher, the large cyber insurance broker, reported the cybersecurity insurance market is projected to surge from $16.66 billion in gross written premiums in 2023 to $120.47 … Read more

Buy Coverage Now Before Cyber Insurance Premiums Increase: Gallagher

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The cyber insurance market remains soft, reports broker Gallagher Specialty, and now is the time to purchase coverage before cyber insurance premiums increase. “There is currently a healthy abundance of capacity, and the market continues to observe greater flexibility in underwriting and security controls. The competition and growth strategies in underwriting have led to better … Read more

Cyber Risk Pools Struggle with Data & Management – Three Big Challenges

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Understanding Cyber Risk Pooling in the Public Sector More and more public-entity risk pools are being formed to facilitate the purchase of cyber insurance policies. Analysis from KYND, a provider of cyber risk technology that “transforms complex cyber risk data into clear, actionable insights” outlines three primary data management obstacles being experienced by risk pools, … Read more

Will Aflac Reveal More Info on its Hack (& Cyber Insurance) August 5th, Following its Cyber Event 8-K Disclosure Last Month?

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Insurance giant Aflac will report its Q2 financial results on August 5th. Although its press release is silent on the topic, it seems likely the company cannot duck providing more detail on the cyber event 8-K it filed with the SEC last month disclosing “unauthorized access to its network.” The company has blamed the penetration … Read more

Cyber Insurance IPO Watch: CFC Considers Going Public, Reports Financial Times

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London-based cyber insurance provider CFC is working with investment bankers to analyze strategic options, including a potential initial public offering (IPO) in the UK, reports the Financial Times (Life Insurance International has details from the FT on the potential public transaction; the FT story is paywalled). This cyber insurance IPO could drive a valuation exceeding … Read more

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